20220523 China News
Source: | Author:eacham | Published time: 2022-05-23 | 442 Views | Share:



01

China recorded a decline in passenger transport in urban areas during the first four months of this year, official data showed. In the January-April period, the number of passenger trips in 36 major cities stood at 13.85 billion, down 19.1 percent year-on-year, according to the Ministry of Transport.

 

02

The auto industry expects China's efforts to build a unified domestic market to further strengthen its production line and satisfy customers' demand, China Youth Daily reported on Thursday. In April, China released a guideline on accelerating the establishment of a unified domestic market that is highly efficient, rules-based, fair for competition and open.

 

03

Mercedes-Benz has rolled out its Drive Pilot system in two of its models in Germany as the first Level 3 system available in the vehicle market worldwide. The European country is also the first in the world to allow Level 3 vehicles to hit the road.According to the Society of Automotive Engineers, cars can be classified into six levels, from Level 0, which means no automation at all, to Level 5, or full automation.

 

04

The long-term stability and value of the Chinese yuan and its status as a rising international currency remain solid despite the currency's recent weak performance against the US dollar, officials and currency experts said.


05

A third freight train recently arrived in Frankfurt from China and a local general manager believed that it would bring more business opportunities to the city. Given that transportations by sea and air are both strained, the China-Europe freight trains provided another way of direct connections, Kawus Khederzadeh, general manager of the industrial park in Hoechst Frankfurt, told Xinhua in a recent interview.

 

06

The upcoming June 18 online shopping festival－it is branded as "618"－is expected to play a vital role in promoting the recovery of consumption, stimulating consumers' purchasing desire and shoring up the economy amid the resurgence of domestic COVID-19 cases and external uncertainties, industry experts said.

 

07

Last year's Labor Day holiday was marked by plaid picnic blankets but this year's was overtaken by camping tents, an industry insider was cited as saying by news website xinhuanet.com. A tourist surnamed Wang told Beijing Business Today that he and his family couldn't go on long-haul trips for this year's Labor Day holiday from April 30 to May 4 due to COVID-19 outbreaks in multiple parts of the country.



Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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